AZB & Partners acted for Accenture on its recent acquisition of silicon design and engineering services company Cientra, to expand its silicon design capabilities.
AZB’s deal team comprised Senior Partners Vaidhyanadhan Iyer and Bhuvana Veeraragavan, Senior Associate Farah Titina, Associates Avani Laad, Tarini Mehtani and Niranjan Kumar. The employment law aspects were handled by Partner Ajay Singh Solanki and Senior Associate Anushka Pemmaya; intellectual property aspects by Senior Associates Rashmee Kumar and Rhea Ghanshani, and tax aspects by Partner Aditya Singh Chandel, Senior Associate Suhail Bansal and Associate Sarvagya Bilgaiyan.
Accenture has acquired Cientra, a silicon design and engineering services company, offering custom silicon solutions for global clients. The terms of the acquisition were not disclosed.
Founded in 2015, Cientra is headquartered in New Jersey, U.S. and has offices in Frankfurt, Germany as well as in Bangalore, Hyderabad and New Delhi, India. The company brings consulting expertise in embedded IoT and application-specific integrated circuit design and verification capabilities, which augments Accenture’s silicon design experience and further enhances its ability to help clients accelerate semiconductor innovation required to support growing data computing needs.
This acquisition follows the addition of Excelmax Technologies, a Bangalore, India-based semiconductor design services provider, earlier this week, and XtremeEDA, an Ottawa, Canada-based silicon design services company, in 2022.
With inputs from AZB and Accenture’s press release.
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